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Shoppers enter and exit the Neiman Marcus at the King of Prussia Mall in King of Prussia, Pennsylvania, on Dec. 8, 2018. Mark Makela | Reuters ORLANDO, Fla. — As rumors swirl over whether Saks Fifth Avenue will acquire Neiman Marcus, Neiman’s CEO told CNBC there’s “no need” to sell the business, adding it’s unlikely…

When ESPN placed a big bet on a new star, Pat McAfee, to bring in young audiences with an edgy brand of sports-talk programming, the network knew the appointment carried risks. In recent days, they have been apparent.  McAfee, an F-bomb-throwing former NFL punter whose show made its debut on ESPN in September, has been…

TikTok’s parent company ByteDance is further scaling back its ambitions in the gaming industry and is in talks to sell game titles to several prospective buyers. Chinese media LatePost reported Monday that ByteDance’s gaming unit Nuverse is negotiating to sell games to Tencent. A Bytedance spokesperson told The Wall Street Journal Tuesday that negotiations with…

Not many Americans know their net worth. That’s understandable, given our propensity to measure financial success by how much we earn. A recent report by The Washington Post found that the middle half of Americans have a net worth between $27,000 and $659,000. And roughly 1 in 12 U.S. households have a negative net worth,…

Business & FinanceDeals 14 December 2023, 5:30 am 1 minute Reuters exclusively reported that Abu Dhabi National Oil Co (ADNOC) is closing in on a deal with Austria’s OMV (OMVV.VI) to combine two entities in which the companies own stakes to create a chemicals giant, two people with knowledge of the talks said. In July…